£2,268,924
This estimated value is based upon the latest sale price for the house of £1,850,000 on 7 Nov 2019. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £1,850,000 | 7 Nov 2019 |
| Freehold |
| Floor Area: 106 sq meters or 1,140 sq feet |
This model uses changes in the Official Land Registry House Price Index for BRIGHTON AND HOVE to estimate the market value.
When this house was purchased in November 2019 the House Price Index for BRIGHTON AND HOVE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £1,850,000 results in an estimated price of approximately £2,268,924.
| 7 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £1,850,000 | £418,924 | £2,268,924 |
The Postcode Pricing Model uses changes in average sales price within the BN1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 1.633 % | £30,206 | £1,880,206 |
| 3 Month Average | 23.721 % | £438,832 | £2,288,832 |
| 6 Month Average | 17.298 % | £320,018 | £2,170,018 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £554,854 | £550,000 | 19B GLOUCESTER ROAD |
| 11 Apr 2023 | £694,478 | £687,000 | 8 BLENHEIM PLACE |
| 14 Oct 2022 | £529,301 | £535,000 | APARTMENT 24 ROX 12 GLOUCESTER PLACE |
| 14 Oct 2022 | £544,141 | £550,000 | APARTMENT 55 ROX, 12 GLOUCESTER PLACE |
| 6 Oct 2022 | £391,782 | £396,000 | FLAT 57 ROX 12 GLOUCESTER PLACE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 14 Aug 2019. Using an estimated price of £2,268,924 means this house is valued at £21,404 per sq meter (£1,988 per sq foot).
The average size of a house on CHELTENHAM PLACE is 79 sq meters (859 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Cheltenham Place |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cheltenham Place |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Cheltenham Place |
| Dec 2023 | Anti-social behaviour | On or near Cheltenham Place | |
| Dec 2023 | Anti-social behaviour | On or near Cheltenham Place |